Farmington city: Median Home Value Trend
How Farmington city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$224,000
2023
$345,100
Total change
+$121,100
% change
+54.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $224,000 | — |
| 2019 | $254,200 | +$30,200 (13.5%) |
| 2020 | $269,500 | +$15,300 (6%) |
| 2021 | $286,400 | +$16,900 (6.3%) |
| 2022 | $324,200 | +$37,800 (13.2%) |
| 2023 | $345,100 | +$20,900 (6.4%) |